- 1. Any exchange of sovereign land upon which authorized improvements have been made shall be subject to the reimbursement of the depreciated value of the improvements to the owner of the improvements by the person receiving the land in the exchange. Unauthorized improvements shall not be subject to reimbursement.
- 2. The division may require an exchange applicant to remove, repair, or clean up improvements located on land to be acquired by the division, at the applicant's expense, prior to consummation of the exchange.
KEY: land exchange, administrative procedure
Date of Last Change: March 17, 1995
Notice of Continuation: January 7, 2026
Authorizing, and Implemented or Interpreted Law: 65A-7-1